Senior Product Owner - Tech Devlivery - GBS IND

Bank of America; Chennai; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Bank of America in Chennai is seeking a Product Owner/Lead for Wires Modernization within Global Banking & Markets Technology. You will define product vision, manage the backlog, and collaborate with stakeholders to deliver high-value functionality.

The role requires 12-16 years of experience in payments, SWIFT/ISO20022 knowledge, and strong testing/automation capabilities. Office-based in Chennai with flexible arrangements depending on role.

Qualifications

• Experience Range: 12-16 yrs in related domains.
• Mandatory skills: US wire payment knowledge.
• Experience in modernization from legacy platforms.
• Strong payments knowledge with SWIFT and ISO20022 experience.
• Desired: good testing exposure and global-team collaboration.

Responsibilities

• Review requirements and acceptance criteria; design and execute test scenarios; maintain traceability; log defects and validate fixes.
• Identify automation opportunities; develop and maintain automated tests; run suites and analyze failures.
• Coordinate with Product Owner and development teams to clarify requirements and ensure coverage.

Skills

US wire payments

Payments modernization

Testing automation

Agile/Scrum

Education

B.E./ B.Tech./ M.E./ M.Tech./ BSC/ MSC/ BCA/ MCA (IT/CS preferred)

Job description

Job Description

About Us At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits. We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve. Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role‑specific responsibilities and business needs. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Global Business Services

Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations. Global Business Services is recognized for flawless execution, sound risk management, operational resiliency, operational excellence and innovation. In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non‑banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services.

Process Overview

Global Banking & Markets division serves mid- to large-sized corporations and institutional clients worldwide. It is comprised of Business Banking, Global Commercial Banking, Global Corporate & Investment Banking, Global Markets and Wholesale Credit. Aligned with these client-facing groups are Global Capital Markets and Global Research. Global Banking and Markets Technology provides end‑to‑end technology solutions for Global Markets and banking businesses including Equities, Prime Brokerage, Interest Rates, Currencies, Commodities, Derivatives, Structured Products, Commercial Card, Cash Management, Payments, Sales, Servicing and Fulfillment. Across all these products, solutions include architecture, design, development, change management, implementation and support using various enterprise technologies.

Product owner contributes to the development of the US Wires high-value payment system. Responsible for maximizing the value delivered by the Wires Modernization product and ensuring alignment with business objectives. Define and communicate the product vision, strategy, and roadmap for the Wires Modernization initiative. Work closely with stakeholders to understand business needs, challenges, and priorities, translating them into actionable product requirements. Collaborate with the Product Manager within a scaled Agile framework to ensure alignment with broader program and organizational goals. Own and prioritize the product backlog, ensuring the highest‑value work is delivered first. Partner with the development team to clarify requirements, remove ambiguities, and ensure stories are ready for implementation. Work closely with the functional and automation testing teams to ensure all requirements are thoroughly tested and the delivered functionality works as expected. Review and accept completed stories, making timely decisions on scope, requirements, and priorities. Communicate product goals, roadmap updates, and delivery progress to stakeholders and project teams. Collaborate with cross‑functional teams to drive successful execution and delivery of modernization objectives. aLeverage technology solutions and business knowledge to maximize product value and achieve project outcomes.

Responsibilities Review requirements and acceptance criteria; design and execute positive, negative, integration, and end‑to‑end test scenarios; maintain requirements‑to‑test traceability; log defects and validate fixes to confirm functionality works as expected. Identify suitable scenarios for automation; develop and maintain automated functional, API, and regression tests; execute automated suites and analyze failures; update scripts as requirements evolve and report coverage and results. Coordinate with the different workstreams Product Owner and development team to clarify requirements, prepare test data and environments, confirm coverage across functional and automated tests, and communicate test results, outstanding defects, and risks to support release‑readiness decisions.

Requirements Education: B.E./ B. Tech/M.E./M. Tech/BSC/MSC/BCA/MCA (prefer IT/CS specialization) Certifications If Any: NA Experience Range: 12-16 yrs Mandatory skills: US wire payment knowledge Experience in modernization from legacy platforms Strong payments knowledge. SWIFT and ISO20022 experience Desired skills Good testing exposure and exposure in working with global teams Work Timings General Shift - 11:30 AM to 8:30 PM Job Location – Chennai

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We’re devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well‑being. Bank of America believes both in the importance of working together and offering flexibility to our employees. We use a multi‑faceted approach for flexibility, depending on the various roles in our organization. Working at Bank of America will give you a great career with opportunities to learn, grow and make an impact, along with the power to make a difference. Join us! Partnering Locally Learn about some of the ways Bank of America is making a difference in the communities we serve. Global Impact Learn about the six areas that guide Bank of America’s efforts to help make financial lives better for customers, clients, communities and our teammates. Opportunity and Inclusion Each employee brings unique skills, background and opinions. We see opportunity and inclusion as our platform for innovation and a key component in our success. Our Values Learn about our four values that represent what we believe.